# 2218 Fairmont Avenue, New Albany, IN 47150

> **TL;DR:** 5bd/2ba single family, $185,000 ($60/sqft), built 1948, 3,104 sqft.
> Fireplace, A/C. Est. $989/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $185,000 |
| Price/sqft | $60 |
| Bedrooms | 5 |
| Bathrooms | 2 full |
| Square Feet | 3,104 |
| Year Built | 1948 |
| Lot Size | 12,197 sqft (0.28 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $935 |
| Estimated Insurance | $54 |
| **Total** | **$989** |

## Key Amenities

- Fireplace
- A/C

## Property Highlights

- Built in 1948
- 0.28 acre lot
- Fireplace

## Description

### Agent Description
Investors and homeowners alike, don't miss this opportunity! With a little vision and finishing touches, this versatile property offers endless possibilities. Make the needed repairs and enjoy a spacious five bedroom, two bathroom home with over 3000 square feet of living space, a finished basement, and a fenced backyard featuring a three year old above ground pool. Previously used as a duplex, the home offers excellent income potential with a separate basement entrance, its own kitchen, living area, full bathroom, and a laundry area conveniently located adjacent to the staircase. The main level features three bedrooms, one bathroom, a formal dining room, a spacious kitchen, a dedicated laundry room with two washer and dryer hookups, a unique feature from when the home previously functioned as a duplex, and a large living room with a gas fireplace. Live on the main level and rent the basement for additional income, convert the property back into a duplex, or complete the updates to create the perfect multi generational home. The possibilities are endless. Sq ft & rm sz approx.

## Location

- **Address:** 2218 Fairmont Avenue, New Albany, IN 47150
- **County:** Floyd
- **Coordinates:** 38.307701, -85.811811
- **Google Maps:** https://www.google.com/maps?q=38.307701,-85.811811

## Listing Agent

- **Name:** Cathy Jackson
- **Brokerage:** Schuler Bauer Real Estate Services ERA Powered (N
- **Phone:** (812) 948-2888

## Primary Photo

![2218 Fairmont Avenue - Primary Photo](http://lh.rdcpix.com/5de1b55e261743d9b4489f77342ad94cl-f3071419633r.jpg)

*37 total photos available on [listing page](https://www.propertysimple.ai/listing/2218-fairmont-avenue-new-albany-in-47150-02609953)*

---

**MLS#:** 202609953 | **Updated:** 2026-08-03
**Source:** listhub

*Copyright © 2026 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/2218-fairmont-avenue-new-albany-in-47150-02609953)

---

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